Lower vessel calls and fuel sales weigh on Singapore’s conventional bunker sales in February
A smaller number of vessels arriving to bunker during the shorter month of February, along with lower sales of VLSFO, HSFO and LSMGO, contributed to a 12% decline in total bunker fuel sales at the Port of Singapore in February.
Changes in bunker sales from January to February:
- Total sales down 607,000 mt to 4.52 million mt
- VLSFO sales down 251,000 mt to 2.31 million mt
- HSFO sales down 328,000 mt to 1.83 million mt
- MGO sales down 30,000 mt to 374,000 mt
Total bunker sales in Singapore declined from 5.12 million mt in January to around 4.52 million mt in February, marking the lowest monthly level since June 2025, according to preliminary data from the Maritime and Port Authority of Singapore (MPA).
The number of vessels calling for bunkering also dropped sharply to 3,423 in February, which is 355 fewer than in January and the lowest since June 2025. Meanwhile, average stem size fell to around 1,300 mt in February, down from nearly 1,360 mt in January.
By fuel grade, HSFO, VLSFO and MGO sales fell by 15%, 10% and 7%, respectively month-on-month in February.
Despite the monthly slowdown, total bunker sales during the first two months of the year were still 15% higher compared with the same period last year.
Fuel grade share of total sales in February (compared to year to date):
- 51% VLSFO (51% YTD)
- 41% HSFO (41% YTD)
- 8% MGO (8% YTD)
By Tuhin Roy
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